Munich, April 29, 2016 – After record year 2015, the Nemetschek Group (ISIN DE0006452907), a leading provider of software solutions for the AEC (Architecture, Engineering, Construction) industry, got off to a dynamic start in the new financial year 2016 and continues on its growth course. The greatest growth impulses originated from abroad.

Major indicators of the Group’s success

Group revenue in the first quarter rose to EUR 77.7 million, a growth of 16.7% compared to the same quarter in the previous year (EUR 66.6 million). Organic growth amounted to 15.6%.

The Nemetschek Group further reinforced its international alignment. In the first three months of 2016, revenue abroad rose by 20.8% to EUR 53.3 million (previous year’s period: EUR 44.2 million). Thus the nondomestic proportion of Group revenue increased from approximately 66% to 69%.

Earnings before interest, taxes, depreciation and amortization (EBITDA) increased over-proportionally compared to revenue with 21.0%, rising to EUR 21.0 million (previous year: EUR 17.4 million). Subsequently, it was possible to improve the EBITDA margin, which rose to a high 27.0% from 26.1% in the previous year’s period.

Net income for the year (Group shares) rose considerably by 31.6% to EUR 11.0 million (previous year’s period: EUR 8.4 million). Earnings per share increased correspondingly from EUR 0.22 to EUR 0.29.

Net income for the year, adjusted for depreciation and amortization from purchase price allocation (PPA), rose by 27.5% to EUR 13.0 million (Q1 2015: EUR 10.2 million). This corresponds to an adjusted earnings per share figure of EUR 0.34 (previous year’s period: EUR 0.26 per share).

“We got the year off to an outstanding start with a smooth continuation of the strong development of the previous year. Our strategic investments in new brands, solutions and markets are paying off. Nemetschek has again been able to further extend its worldwide market position,” comments Patrik Heider, Spokesman and CFOO of the Nemetschek Group.

Accounting ratios show financial strengths and soundness of the Group

The Group’s net asset structure and financial position remain extremely sound. As of March 31, 2016, the equity ratio rose to 44.5% (December 31, 2015: 44.0%). Moreover, the Nemetschek Group demonstrates very good cash generation with simultaneously high-quality growth. As of March 31, 2016, cash and cash equivalents increased to EUR 97.2 million (December 31, 2015: EUR 84.0 million) and net liquidity improved to EUR 21.2 million (December 31, 2015: EUR 3.3 million).

Development of the segments

In the Design segment, revenue in Q1 rose by 11.6% to EUR 51.4 million (previous year’s period: EUR 46.1 million). EBITDA increased by 16.0% to EUR 13.5 million (Q1 2015: EUR 11.6 million). The EBITDA margin rose correspondingly from 25.1% in the previous year to 26.1%. This growth can be traced back to practically all regions and brands.

As a result of the Solibri acquisition, the Build segment underwent great expansion. Segment revenue increased by 41.2% to EUR 19.5 million (previous year’s period: EUR 13.8 million). Organically as well – particularly as a result of the Bluebeam brand acquired in 2014 – revenue rose considerably by about 34%. EBITDA leapt by 66.0% from EUR 3.0 million to EUR 5.0 million, which caused the EBITDA margin to increase significantly by 3.8 percentage points to 25.6%.

In the Manage segment, revenue rose by 13.0% to EUR 1.5 million (previous year: EUR 1.3 million). EBITDA even rose by 56.8% to EUR 0.2 million, which corresponds to an EBITDA margin of 13.7% (previous year’s period: 9.8%).

The Media & Entertainmen segment was able to keep its revenue stable at the previous year’s level with EUR 5.2 million (previous year: EUR 5.3 million). EBITDA was EUR 2.3 million (previous year’s period: EUR 2.6 million), which corresponds to an EBITDA margin of 45.1% (Q1 2015: 49.7%).

Outlook for the whole of 2016 affirmed

Following the favorable start of the year, the executive board affirms the communicated targets for the fiscal year of 2016. It anticipates Group revenue ranging from EUR 319 million to EUR 325 million and an EBITDA of between EUR 77 million and EUR 80 million.

Overview of key figures

In EUR million

Q1 2016

Q1 2015

Δ in %

Revenue

77.7

66.6

+16.7%

- Of this software licenses

40.3

34.4

+17.1%

- Of this software service

33.3

28.7

+16.1%

EBITDA

21.0

17.4

+21.0%

Margin

27.0%

26.1%

EBITA (normalized EBIT)

19.3

15.8

+22.3%

Margin

24.8%

23.7%

Net income (Group shares)

11.0

8.4

+31.6%

Earnings per share in euros

0.29

0.22*

+31.6%

Net income (Group shares) before depreciation and amortization from purchase price allocation

13.0

10.2

+27.5%

Earnings per share before depreciation and amortization from purchase price allocation

0.34

0.26*

+27.5%

For reasons of better comparability, the earnings per share after the stock split are shown

Key figures by segment

In EUR million

Q1 2016

Q1 2015

Δ in %

Design

Revenue

51.4

46.1

+11.6%

EBITDA

13.5

11.6

+16.0%

Margin

26.1%

25.1%

Build

Revenue

19.5

13.8

+41.2%

EBITDA

5.0

3.0

+66.0%

Margin

25.6%

21.8%

Manage

Revenue

1.5

1.3

+13.0%

EBITDA

0.2

0.1

+56.8%

Margin

13.7%

9.8%

Media & Entertainment

Revenue

5.2

5.3

-1.6%

EBITDA

2.3

2.6

-10.7%

Margin

45.1%

49.7%

The complete 3-month report for 2016 is available for download in the Investor Relations section of the company website.

Contact

Would you like to contact us by e-mail? We have prepared the following form for you. Just fill in and send it off. We will contact you immediately.

Contactform

Contact form

General

Salutation

Mrs.

Mr.

Title

First name*

Last name*

E-Mail*

Choose brand

Subject

Your message to us

Don't fill this field!

* Please fill in the fields marked with an asterisk. All other fields are optional. We use your transmitted data only for the purpose of answering your inquiry. For information on the handling of your personal data, please refer to our data protection declaration.

Orderform

Order form

General

Salutation

Mrs.

Mr.

Title

First name*

Last name*

Company

Street, No.

ZIP Code / town

Country

E-Mail*

Phone

I am assigned to the following grouping: *

Private shareholder

Institutional Investor

Analyst

Journalist / Member of the media

Other

Your message to us

Please add me to the following distribution lists:

For the IR-mailservice of NEMETSCHEK GROUP **

For the current Annual Report by post ***

For the current and future Annual Reports by post ***

Please remove me from the following distributors:

The IR-mailservice of Nemetschek Group

Future Annual Reports by post

Don't fill this field!

* Please fill in the fields marked with an asterisk. All other fields are optional.

** I agree that Nemetschek SE may inform me regularly by e-mail about current topics in the field of Inverstor Relations and use the e-mail address I have provided for this purpose. If you do not wish to receive further information by e-mail, you can revoke your consent at any time with effect for the future by clicking on the link provided in any e-mail sent by us as part of the Mail Service or by e-mail to Investorrelations@nemetschek.com. For further information on data protection, please refer to our data protection declaration.

*** I agree to Nemetschek SE sending me the requested documents by post from now on. If you do not wish to receive any further information, you can inform us at any time by e-mail to Investorrelations@nemetschek.com.